European Turnover Per Employee of Real Estate by Country

Norway holds the highest European Turnover Per Employee of Real Estate in 2024 with 554.1 thousand Euros. It is followed by Finland and the Netherlands with 465.8 and 445.4 respectively. Iceland, Sweden, and Luxembourg also feature significantly above the average with values above 380 thousand Euros. Lower-ranked countries include Latvia, Macedonia, Bulgaria, and especially Serbia and Bosnia and Herzegovina, which have the lowest turnovers, under 56 thousand Euros.

The year-on-year variations indicate a stable growth trend across most countries, with an overall upward trajectory in real estate turnover per employee. For instance, Norway and Finland maintained their leading positions with consistent growth. A faster CAGR was observed in emerging markets in Eastern Europe, including Romania and Hungary, reflecting rapid modernization and development.

Future trends to watch include the impact of technological advancements and digital transformation on the real estate sector. Automation, AI-driven property management, and sustainable building practices could further increase turnover per employee. Additionally, economic fluctuations and regulatory changes will play critical roles in shaping turnover dynamics across European countries in the coming years.